NIFTY 50 ASX200 HANG SENG Technical Analysis Elliott Wave 17 January 2020

NIFTY 50 ASX200 HSI Technical Analysis Elliott Wave and TradingLevels

NIFTY 50

Overview: Today I take a look at the bigger picture using the Nifty Mid-Cap and we can clearly see that the Mid-Cap is just coming out of a long term correction Wave (4) and will continue to move higher through 2020, that means the Nifty 50 will also continue higher through 2020

Elliott Wave: Wave (v) higher              

Trading Levels: Support on Minor Level 3 mTL3|12,300 this is also the top of Minor Group1 and important as it sets up the next target at 12,500

Trading Strategy: trade long on new highs

ASX200

Overview: Today I take a look at the bigger picture of the Elliott Wave Primary degree of structure and using this count we can see a bullish trend beyond 2020. I also take a look a CBA bigger picture Elliott wave count because we are currently long in this market

Elliott Wave:  next level is 7,100 but the target is likely higher at 7200             

Trading Levels: 7200 next critical level

ASX200 Trading Strategy: holding long, currency have positions just above 6900 with stop loss 7042

This video uses Contracts for Difference (CFDs)
known as CFD Trading indices or Index trading.Technical Analysis Elliott wave, Trading Levels and CFD Day Trading.

Education: Elliott Wave Structures
Elliott degrees in order: Grand Super cycle wave, Super cycle wave, Cycle wave, Primary wave, Intermediate wave, Minor wave, Minute wave, Minuette wave and Subminuette wave.

ASX, ASX200, Nifty 50, Elliott Wave, technical analysis, ASX: XXJ, ASX200 Elliott Wave, ASX Elliott Wave, Nifty 50 Elliott Wave, Nifty Elliott Wave,